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in the new year, taxes go up on everyone unless washington takes action. the government needs more money. president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker boehner says this will raise $800 billion over ten years. >> america faces a serious problem. our goal is to make sure it gets solved. >> step two, avoiding the drastic spending cuts that begin on january 1st, the so-called sequester. both sides want to find savings in medicare, but disagree about how to do it. >> we need a responsible white house. we can't sit here and negotiate with ourselves. >> and step three? the debt limit. >> i will not play that game. >> because we've
in the new year, taxes go up on everyone unless washington takes action. the government needs more money. president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax...
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: recognition, even on this day, their new right fragile and uncertain. now, it it may get a little more certain in days to come. colorado before january 5th is supposed to approve, and the governor is going to sign off on their initiative legalizing marijuana there as well. they're slightly different but mainly the same in the way they treat it, and most proponents feel that once two states do it, the cat is out of bag, and you're going to see many states rushing into the marijuana game. wolf? >> thanks very much, miguel. let's go right over to the white house. the president and first family are getting ready to light the white house christmas tree. let's listen in. >> happy holidays to you, mr. president. >> is it time? >> i think it's time. >> i think it's time. >> for the big button. let's count it down, everyone. >> i hope everybody's ready. we've got to do the countdown. starting with five. five. four. three. two. one. ♪ ♪ >> merry christmas, everybody. ♪ >> nice moment every year. first inaugurated by president calvin coolidge, who started th
: recognition, even on this day, their new right fragile and uncertain. now, it it may get a little more certain in days to come. colorado before january 5th is supposed to approve, and the governor is going to sign off on their initiative legalizing marijuana there as well. they're slightly different but mainly the same in the way they treat it, and most proponents feel that once two states do it, the cat is out of bag, and you're going to see many states rushing into the marijuana game. wolf?...
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Dec 7, 2012
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added 146,000 new jobs. the jobless rate hasn't been this low during the entire obama administration, but that's only part of the story. a closer look also shows a big reason behind today's drop in the unemployment rate is that 350,000 people dropped out of the work force in november. they're discouraged, many of them are, that they simply quit and they're trying to find work. christine romans joins us from new york. we saw the unexpected drop in the unemployment rate, but christine, take us a little behind the numbers that make up the headlines. >> 7.7% is that unemployment rate, the lowest since december, 2008, from before the president took office. 146,000 jobs created, twice what economists have been expecting. they really didn't see the pull back because of hiring being depressed because of hurricane sandy. maybe you'll see some of that in the next month, but this was a strong report on its surface. digging in the numbers. look at the right side on that graphic, 14.4% underemployment. the percentage of
added 146,000 new jobs. the jobless rate hasn't been this low during the entire obama administration, but that's only part of the story. a closer look also shows a big reason behind today's drop in the unemployment rate is that 350,000 people dropped out of the work force in november. they're discouraged, many of them are, that they simply quit and they're trying to find work. christine romans joins us from new york. we saw the unexpected drop in the unemployment rate, but christine, take us a...
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Dec 12, 2012
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. >>> and we're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are prett
. >>> and we're also learning new details of the latest phone call between president obama and house speaker john boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most...
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Dec 10, 2012
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." >>> we begin with president obama getting into a new fight with republicans and it's a fight he may actually lose. this afternoon in detroit, the president blasted a package of anti-union bills. michigan republicans, governor, is ush pushing through his state's legislature. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. >> even though the cheering went on for nearly half a minute, it looks like those anti-union bills may, in fact, have enough support to pass michigan's legislature, despite union threats of massive demonstrations. cnn's alison kosik is in the capital, lance, watching what's going on. explain what the fight is all about, why it's so intense. >> reporter: well, first of all, here at the michigan state capit capital, it's more about the calm before the storm. those demonstrations of thousands of people descending on the state capitol. police are gearing up for what's coming up tomorrow when the votes are expected to happen. what this is all about is the ri
." >>> we begin with president obama getting into a new fight with republicans and it's a fight he may actually lose. this afternoon in detroit, the president blasted a package of anti-union bills. michigan republicans, governor, is ush pushing through his state's legislature. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. >> even though the cheering went...
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Dec 13, 2012
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if obama chooses senator john kerry to secede hillary clinton. we're going to talk about his chance of getting confirmed. >>> plus, identity theft victims know how much it can cost someone. but a cyber attack to sta start withdrawing money from your bank accounts. >>> some of the most prominent banks may be the targets of a master cybersecurity threat aimed at draining money out of people's accounts. what is going on? everybody's got money in the bank. >> many of us do online banking. prominent cyber security firm says this attack is being planned and has already been tested out. it's likely coming from eastern europe and has the project blitz free is being led by a mysterious russian attacker and many targeted may not even realize it. >> you're someone with a substantial amount of money in your account. you logon one day and have a smaller amount than before but you've been hacked. that could happen to thousands of americans this coming spring. a new report says some of america's biggest banks, 30 of them, are at risk of a master cyber attack th
if obama chooses senator john kerry to secede hillary clinton. we're going to talk about his chance of getting confirmed. >>> plus, identity theft victims know how much it can cost someone. but a cyber attack to sta start withdrawing money from your bank accounts. >>> some of the most prominent banks may be the targets of a master cybersecurity threat aimed at draining money out of people's accounts. what is going on? everybody's got money in the bank. >> many of us do...
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Dec 11, 2012
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conversation right after this, including three senators who usually agree on just about everything but now a new issue divides the so-called three amigos, senators john mccain, lindsey graham, and joe lieberman and it could be president obama's first big fight of his second term. we're going to tell you what is going on. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. th
conversation right after this, including three senators who usually agree on just about everything but now a new issue divides the so-called three amigos, senators john mccain, lindsey graham, and joe lieberman and it could be president obama's first big fight of his second term. we're going to tell you what is going on. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to...